NOT LISTED FOR SALE

1129 Ocean Ave Mantoloking, NJ 08738

Estimated Value: $6,397,000 - $7,214,000

6 Beds
5.5 Baths
-- Sq Ft
0.61 Acres

Last Sold March 02, 2021

Last sale price $5,625,000

Est. 23% increase in value since last sale

Current estimated payment $40,592/month

128 Days on Market

Highlights

  • Beach Front
  • New Construction
  • Custom Home
  • G Harold Antrim Elementary School Rated A-
  • In Ground Pool
  • 0.61 Acre Lot

About This Home

As of March 2021

This new construction residence is the showcase of refined shore living. Designed and finished to be one of Mantoloking's most exceptional properties, this home features 6 bedrooms, 5.5 baths, and a third-floor entertainment area complete with custom cabinetry, wine fridge and dish washer complete with optimum ocean views. The open floor plan allows gathering around the oversized island between the family room and the dream kitchen, all with panoramic ocean views. The 4-stop elevator allows access to the spacious and thoughtfully defined living quarters on all floors. Built for entertaining, the outdoor area will consist of a saltwater Gunite pool, a chef's outdoor kitchen, and over 100K in mature landscape/hardscape designed by the areas premier landscape architect.

Last Agent to Sell the Property

Gregory DeTommaso

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #1326829 Listed on: 04/27/2020

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Co-Listed By

Brittany Schwartz

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Last Buyer's Agent

Kellie Fisher

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,027

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 70 x 380
  • Beach Front
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • New Construction
  • Custom Home
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Ceiling height of 9 feet on the main level
  • 2 Fireplaces
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • Water Views
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only

Pool

  • In Ground Pool
  • Outdoor Shower
  • Saltwater Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting

Schools

  • Antrim Elementary School
  • Memorial Middle School
  • Point Pleasant Beach High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Handicap Accessible
  • Energy-Efficient Appliances

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20-00023-0000-00055

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,027

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanfront
  • ResoPoolFeatures: Gunite, In Ground, Salt Water
  • Co List Office Mls Id: 3915
  • Co List Office Phone: 732-449-3200
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Ceramic Tile
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Elevator
  • New Construction: Yes
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Terrace: Yes
  • General Property Info Acreage: 0.61
  • General Property Info Lot Dimensions: 70 x 380
  • General Property Info Farm: No
  • Location Middle School: Memorial
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Exterior Sprinkler Under: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Kitchen Butler Pantry: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • PoolSaltWater: Yes
  • SidingCedarShake: Yes
  • PoolGunite: Yes
  • Water Type Beachfront: Yes
  • Basement Piling: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Energy Features:Energy Appliances: Yes
  • Energy Features Storm Windows: Yes
  • Energy Features Windows Energy Star Rated: Yes
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Stories: 3
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Walk-in Closet2: Yes
  • Primary Bath Marble7: Yes
  • Primary Bedroom Fireplace - Gas2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.61
  • Waterfront Features: Beachfront
  • Waterfront: Yes
  • Construction Type: Shake Siding
  • Exterior Features: Balcony, Outdoor Shower, Patio, Sprinkler Under, Terrace, Lighting
  • Foundation Details: Piling
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved
  • General Property Info:Garage: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 70 x 380
  • Lot Size Sq Ft: 26571.6
  • Parcel #: 20-00023-0000-00055

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 17027.0

MLS Schools

  • Elementary School: Antrim
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Feb 26, 2021
Sold by
1129 Ocean Avenue Enterprises Llc
Bought by
Morton Lori
Seller's Agent
Gregory DeTommaso
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Kellie Fisher
Gloria Nilson & Co. Real Estate
List Price
$5,799,000
Sold Price
$5,625,000
Premium/Discount to List
-$174,000
-3%
Current Estimated Value
$6,897,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,272,753
Avg. Annual Appreciation
7.17%

Purchase Details

Listed on
Feb 8, 2019
Closed on
Nov 20, 2019
Sold by
Berger Bruce S and Berger Fredericka N
Bought by
1129 Ocean Avenue Enterprises Llc
Seller's Agent
Jane White
Childers Sotheby's Intl Realty
Buyer's Agent
Gregory DeTommaso
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.97%
Original Mortgage
$3,625,000
Interest Rate
3.5%

Purchase Details

Closed on
May 19, 2014
Sold by
Burke Stephen E
Bought by
Bay Head Montoloking Land Co
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morton Lori $5,400,000 Two Rivers Title Company Llc
1129 Ocean Avenue Enterprises Llc $2,500,000 None Available
Bay Head Montoloking Land Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1129 Ocean Avenue Enterprises Llc $3,625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $5,625,000 -3.0% --
09/03/2020 09/03/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $5,799,000 +132.0% --
10/16/2019 10/16/19 Sold $2,500,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $36,094 $4,423,300 $2,546,800 $1,876,500
2023 $30,963 $4,423,300 $2,546,800 $1,876,500
2022 $30,963 $4,423,300 $2,546,800 $1,876,500
2021 $17,922 $2,546,800 $2,546,800 $0
2020 $17,788 $2,498,300 $2,498,300 $0
2019 $17,027 $2,425,500 $2,425,500 $0
2018 $16,784 $2,425,500 $2,425,500 $0
2017 $16,906 $2,425,500 $2,425,500 $0
2016 $16,833 $2,425,500 $2,425,500 $0
2015 $16,566 $2,425,500 $2,425,500 $0
2014 $13,231 $2,110,200 $2,110,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22013304

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 20-00023-0000-00055